Qoyod signed a partnership with Yasmina at Money20/20 Middle East 2026 in Riyadh, to provide insurance solutions to businesses through the Qoyod system.
The Qoyod and Yasmina partnership was among Qoyod’s agreements at the conference, alongside the partnership with Masdar and the MoU with Bank Albilad.
What the partnership aims to do
According to Qoyod’s announcement, the partnership aims to:
- Provide insurance solutions to businesses through the Qoyod system.
- Develop the technical infrastructure.
- Strengthen the integrated ecosystem Qoyod offers business owners.
Who Yasmina is
Yasmina is a Saudi embedded insurance platform founded in 2023. It lets digital businesses offer insurance to their customers from inside their own platforms through an API, with products including medical insurance for small and medium businesses and motor insurance.
In July 2025 Yasmina announced a USD 2 million seed round led by Scene Holding.
When it will be available in Qoyod
As of this news date, Qoyod had not announced when the insurance solutions will be available in the system, or their details.
About Money20/20 Middle East
Money20/20 Middle East 2026 ran in Riyadh from 14 to 16 September at the Riyadh Exhibition and Convention Center in Malham. The organisers expected more than 38,000 visitors, 350 exhibitors and over 350 speakers.
About Qoyod
Qoyod is a Saudi cloud accounting system founded by Abdullah AlDayel in 2014. Small and medium businesses in the Kingdom use it to issue e-invoices that meet the requirements of the Zakat, Tax and Customs Authority (ZATCA), manage inventory and point of sale, and follow their financial reports. Qoyod also offers a bookkeeping service for owners who want a specialist accountant to run their books.
